• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Home Government 17 Firms Jostle for Monitoring, Implementing FG’s Abacha Loot
  • Government

17 Firms Jostle for Monitoring, Implementing FG’s Abacha Loot

By
Modupe Ogundoro
-
May 29, 2020

17 Firms Jostle for Monitoring, Implementing FG’s Abacha Loot

The Federal Government has reiterated commitment to maintain accountability, transparency and vigilance in expending public fund.

The Head Asset Recovery and Management Unit, Office of the Attorney General of the Federation Ladidi Mohammed gave the assurance on Thursday, 28th May, 2020 at a bidding on Consultancy service to undertake the monitoring of the implementation of the tripartite agreement on the sharing, transfer, disposition of repatriated assets which held at the Ministry’s Olusegun Obasanjo Auditorium in Abuja.

According to Mohammed, the ministry has resolved to involve the civil society organization who is to monitor the projects that the Abacha loot proceeds would be used for.

She said, “As part of our transparency agenda, there shall be an independent verification to ascertain whether or not the repatriated loot is judiciously utilized by the government.

“The bidding process shall be carried out in a transparency manner in line with the law, criteria and provisions. After the technical bid, People that meet the requirement would come for the financial bid and those not qualified would be communicated”.

“Everybody would be involved so that Nigerians would see what the government is doing. Some of the project concern is the Lagos-Ibadan Expressway, Abuja-Kano Expressway and the second Niger Bridge.”

According to her, the conclusion of the agreement was reached in 2019 with the USA, Bailiwick of Jersey for the repatriation of Abacha loot III with all the terms and conditions within a time limit.

“It was agreed that there is going be involvement of Civil Society in monitoring the implementation as they are also grassroots and they will be able to give independent assessments of what the money is actually used for”. She explained.

Read Also:

  • Troops Foil Bandits’ Attack, Neutralise One Terrorist in Kaduna
  • Securing West Africa’s Future in the Age of Information Disorder By Mohammed Dahiru Lawal
  • ECOWAS Adopts Digital Roadmap; Targets Unified Single Market and AI Governance for West Africa 

Ladidi said, both Nigerians and foreign companies participated in the Bidding, 16 companies after assessment according to BPP specified criteria were qualified while the remaining one was disqualified due to lateness in submission.

“Today Bureau for Public Procurement (BPP)  which is the National Body or Agency that is responsible for procurement is in charge of this process, they have already established link with the three Governments that’s,  the FMOJ who is the authority that is representing the Government of Nigeria, USA and New Jersey” She added.

Speaking, the Director Infrastructure BPP Engr. Nasir Bello explained that, they have concluded the opening of the Technical Bids and everything went well”. The next procedure now is to hand over the Technical documents to the Evaluation Committee in which they will see it and evaluate submission based on the criteria specified in the request for the proposal.”

He explained further that immediately after the evaluation, based on the agreement between the Federal Government of Nigeria, Ireland of Jersey and USA the evaluation report would be forwarded to the 2 other parties to concur with the outcome from the Nigerian part of the evaluation, those that are qualified or those that are pre- qualified would be invited to submit Financial Bids, in which the Bidders that would emerge the winner will be awarded the contract.

The names of the bidders are Triump Oil and Gas Nig. Ltd, International Action Centre, GPM Associates, Phenai Penal Consults Ltd, CLEEN Foundation, Anti-Corruption and Research based Data initiative, Public and Provate Dev. Centre, Arewa Community and Social Dev. Network in Nigeria, Quadrante, IBLF Global and PPP Advisories consortium.

Others are Restitution impact Limited; Urban Project Prospects Integrated Service Ltd, Centre for Social Justice, Foundation for Public Private Partnerships, Nigeria and Global Society for anti-corruption.

 

Modupe Ogundoro

VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
  • TAGS
  • FG's Abacha Loot
  • Infrastructure
  • monitoring
Previous articleOsinbanjo Inaugurates ‘CLEAN NIGERIA’ Committee Programme
Next articleWhy Buhari Signs Executive Orders- Malami
Modupe Ogundoro
Modupe Ogundoro
Xing

RELATED ARTICLESMORE FROM AUTHOR

FG Appoints 2 Deputy Corps Marshals for Southeast, Northeast to Boost Operations 

Customs Disowns Fake Recruitment Flyer, Warns Public Against Fraudsters

President Bola Ahmed Tinubu

 Tinubu Names New Ambassadors to France, US, UK, and Turkey

Honourable Minister of Information and National Orientation, Mohammed Idris, FNIPR,

Argungu Festival Reflects Nigeria’s Cultural Unity, Says FG

Honourable Minister of Information and National Orientation, Mohammed Idris, FNIPR,

FG Urges Collective Action to Enhance Nigeria’s Global Reputation

Thousands paid last respects to Late Chief Imam Dr. Muhammad Bashir Saliu in Ilorin

Ilorin Emirate in Mourning as Late Chief Imam, Sheikh Solihu Laid to Rest

nipr logo

NIPR Ranked World’s Best Public Relations Association

Honourable Minister of Information and National Orientation, Mohammed Idris, FNIPR,

S/Eagles’ Bronze Medal Showcases Nigeria’s Unprecedented Feat in AFCON – Information Minister

Governor Yusuf’s Defection Gamble Faces APC Backlash: Will Ambition Cost Him the 2027 Ticket?

He was Epitome of Faith and Courage – Tinubu Pays Tribute to Late Plateau Imam

Defence, Interior Ministers Pledge Stronger Collaboration to Tackle Nigeria’s Security Challenges

FG Calls for Image Reforms as Nigeria Reputation Index 2025 Is Unveiled

FG Calls for Image Reforms as Nigeria Reputation Index 2025 Is Unveiled

Recent Posts

  • U.S., Nigeria Launch Joint Working Group to Address Religious Freedom, Security Challenges
  • Troops Foil Bandits’ Attack, Neutralise One Terrorist in Kaduna
  • Securing West Africa’s Future in the Age of Information Disorder By Mohammed Dahiru Lawal
  • ECOWAS Adopts Digital Roadmap; Targets Unified Single Market and AI Governance for West Africa 
  • Kwara Politics: AbdulRazaq–Saraki Rift Puts Kale Kawu’s 2027 Ambition on a Tightrope
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
U.S., Nigeria Launch Joint Working Group to Address Religious Freedom, Security ChallengesTroops Foil Bandits’ Attack, Neutralise One Terrorist in KadunaSecuring West Africa’s Future in the Age of Information Disorder By Mohammed Dahiru LawalECOWAS Adopts Digital Roadmap; Targets Unified Single Market and AI Governance for West Africa Kwara Politics: AbdulRazaq–Saraki Rift Puts Kale Kawu’s 2027 Ambition on a TightropeRestore Hope IX: COAS Charges Troops to Translate Training into Operational SuccessPantami Mourns Gombe United Legend Kabiru ‘Ustaz,’ Hails Him as Moral and Skillful IconGround Troops, Surveillance Deployed in Hunt for Kurmin Wali Kidnappers – DHQCustoms and the Making of Africa’s First Defence-Security ExhibitionBLOODY: Troops Kill 12 Boko Haram, ISWAP Fighters in Sambisa, Mandara MountainsMalami, Dasuki and the Irony of Power By Ifeanyi Favour OgochukwuFinally, Gov. Yusuf, 44 LG Chairmen, Lawmakers Dump NNPPKajuru Abductions: When Denial Costs Lives By Kabir AbdulsalamWhen Power Walks in Unannounced: What Olubunmi Tunji-Ojo Saw — and What Nigeria HeardNigerian Troops Hit Boko Haram Splinter Groups in Niger
X whatsapp